80’s | 90’s | 00’s | ||
Productivity Shock Correlations between US and ROW (averages) | All Countries | 0.58 (n = 22) [0.55] | 0.55 (n = 37) [0.61] | 0.54 (n = 42) [0.32] |
Advanced | 0.68 (n = 19) [0.44] | 0.67 (n = 24) [0.54] | 0.56 (n = 25) [0.31] | |
Emerging | 0.06 (n = 3) [0.91] | 0.33 (n = 13) [0.68] | 0.53 (n = 17) [0.33] |